Northern Illinois University
College of Business
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Program Basics
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- Fast-Trak MBA
- College of Business Graduate Studies in Business
- College of Business
- Barsema Hall
- DeKalb, 60115, Illinois
- United States
- Program Web site: http://www.cob.niu.edu/mbaFastTrak/
- Status: Public
- Program e-mail address: mbafasttrak@niu.edu
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Graduate business school is accredited by:
- Association to Advance Collegiate Schools of Business (AACSB)
- Other
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SCHOOL BASICS
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Graduate business school enrollment:
- Total: 886
- Full-Time MBA: 27
- Part-Time MBA: 506
- Executive MBA: 67
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Other graduate degree programs:
- Other
- Master of Accounting Science; Master of Taxation; Master of Science in Management of Information Systems
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Other graduate degree programs:
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PROGRAM COSTS
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Total direct costs (tuition and required fees) of the entire MBA program:
- Resident: $36,850.00
- Nonresident: $51,350.00
- Recommended annual budget (Resident): $63,500.00
- Recommended annual budget (Nonresident): $78,000.00
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PROGRAM LENGTH
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- Full-time program (months): 12
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ADMISSIONS
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Application Deadlines
- Semester: Summer 2012
- Deadline: Jul 16, 2012
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- Does the program have rolling admissions? Yes
- Is proficiency in English required for admission? Yes
- Is a minimum score on an English language proficiency test required? Yes
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Which English language proficiency tests are accepted?
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- TOEFL Internet Based Test
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- Minimum paper-based TOEFL score required for MBAs: 80
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Relative Importance of Application Elements:
- GMAT Score: Very Important
- Resume/Work Experience: Considered
- Application Essays: Important
- Interviews: Important
- Recommendations: Very Important
- Undergraduate Transcripts: Very Important
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APPLICANTS
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- Applications (admitted and denied) to the newest class: 71
- Applicants who were accepted to the most recent class: 45 %
- Admitted applicants who enrolled in the newest class: 80 %
- Applicants who were re-applicants from prior years: 0 %
- Applicants wait-listed during the last admissions cycle: 10
- Wait-listed applicants admitted for the semester to which they applied: 2
- Applicant interviews are: Recommended
- Applicants (admitted and denied) who were interviewed: 95 %
- Admitted applicants who were interviewed: 88 %
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APPLICANT POOL
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- International applications received: 24 %
- Applications from women received: 32 %
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CLASS PROFILE
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Full-time students in newest entering class (2010-2011) that are:
- Female: 37 %
- International: 11 %
- Married: 15 %
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Students from following regions:
- Asia: 11 %
- North America: 89 %
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Percentage of U.S. students in newest entering class that are:
- African American: 8 %
- Asian American: 4 %
- White (Non-Hispanic): 80 %
- Other: 8 %
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Percentage of U.S. students in newest entering class who are from the following regions:
- Southwest: 4 %
- Midwest: 96 %
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- Mean months of work experience of newest entering class: 86
- Median months of work experience of newest entering class: 108
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Middle 80% range of work experience of newest entering class in months:
- From: 41
- To: 144
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- Median age of entering class: 29
- Mean age of entering class: 25
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FINANCIAL AID
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- Full-time MBAs apply for financial aid through: Central financial aid office at the university
- Full-time MBAs who applied for financial aid for the current academic year: 70 %
- Full-time MBAs receiving financial aid in the current academic year: 65 %
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On what basis are scholarships awarded?
- a combination of need and merit
- How does an applicant apply for scholarship consideration? Unique scholarship application
- Mean scholarship awarded to full-time MBAs in the previous academic year: $2,500.00
- Does the school offer a guaranteed loan to all MBAs regardeless of nationality? Yes
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GMAT
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- Are applicants required to take the GMAT? Yes
- Are applicants allowed to submit the GRE? No
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GMAT score distribution (applicant pool):
- 25th Percentile 570
- Average GMAT Score 540
- 10th Percentile 555
- 50th Percentile (median) 530
- 75th Percentile 650
- 90th Percentile 670
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GMAT score distribution (incoming class):
- Average GMAT Score 530
- 10th Percentile 540
- 25th Percentile 550
- 50th Percentile (median) 550
- 75th Percentile 655
- 90th Percentile 675
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CLASS OFFERINGS
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- Average number of students in a full-time MBA core class: 27
- Average number of students in a full-time MBA elective class: 27
- Elective courses available to full-time MBA students: 3
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Electives that have been added to the full-time program since June 30, 2010:
- International Marketing
- International Management
- Consulting Project
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Joint-degree programs offered to full-time MBAs:
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- MBA/MIM (International Management)
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- Does the school offer an accelerated full-time MBA program? Yes
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The school believes that its leading areas of study for full-time MBA students are:
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- Finance
- Marketing
- International Business
- Accounting
- Organizational Behavior
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FACULTY
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- Faculty employed by the B-school: 119
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Full-time faculty:
- Tenured: 41
- Non-Tenured: 50
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Adjunct/Visiting Faculty:
- Tenured: 0
- Non-Tenured: 28
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Women on Faculty:
- Tenured: 16
- Non-Tenured: 28
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Minority Faculty:
- Tenured: 7
- Non-Tenured: 8
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International Faculty:
- Tenured: 0
- Non-Tenured: 3
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Faculty with PhDs:
- Tenured: 40
- Non-Tenured: 37
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TEACHING/ACADEMICS
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Teaching methods used:
- Case Study: 35 %
- Distance Learning: 0 %
- Experiential Learning: 5 %
- Lectures: 10 %
- Simulations: 5 %
- Team Projects: 45 %
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Requirements for graduation:
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- Students must complete a company-specific project and present results to relevant parties
- Students must have attended a minimum number of classes
- Students must have earned a pre-determined GPA/Letter grade average
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TECHNOLOGY
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- Technology improvements in the last three academic years: Anywhere Lab Virtualization; mobile classroom printing and netbook technology; NIUipTV; IDevice Apps, SAP access for curriculum, and other software updates; Experiential Learning Video Conference Room and technology upgrades; upgrade classroom podiums; new Ticker monitor.
- Amount spent: $200,000.00
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B-SCHOOL ALUMNI
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- Living MBA alumni: 7,615
- Active MBA alumni clubs: 5
- Countries in which MBA clubs exist: 3
- Did school receive an individual gift in excess of $10 million in the past academic year? No
- Business School endowment: $6,278,217.00
- Does the main university offer career placement services for alumni? Yes
- Does the main university have an alumni networking Web site? Yes
- University alumni networking site: http://www.niu.edu/alumni
- Does the B-School have an alumni networking Web site? Yes
- Business school alumni networking site: http://www.cob.niu.edu/alumni
- Does the B-SCHOOL offer career services for alumni? Yes
- Do current MBA students have access to an alumni database? No
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CAREER SERVICES
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- Graduates seeking full-time professional MBA employment: 70 %
- Graduates not seeking employment: 30 %
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Annual job-searching trips that the school coordinates or participates in:
- Destination: Job Fair
- Month: March
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Primary source of job offer:
- School-facilitated activities: 14 %
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Job Offers for 2011 graduates
- Received first job offer by graduation: 15 %
- Received first job offer in three months following graduation: 7 %
- Accepted first job offer by graduation: 15 %
- Accepted first job offer in three months following graduation: 7 %
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Top recruiting organizations most recent academic year:
- McGladrey 1
- NIU 1
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Graduating students who accepted jobs in the following functional areas:
- Finance/Accounting: 8 %
- General Management: 7 %
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Graduating students who accepted jobs in the following industries:
- Financial Services: 8 %
- Non-Profit: 7 %
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Graduates who accepted full-time jobs in the following regions:
- North America: 15 %
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Within the U.S., graduates who accepted full-time jobs in the following regions:
- Midwest: 100 %
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